Finance

Pizza Hut and Wendy’s Franchisee Files for Chapter 11 Bankruptcy

NPC International, the largest U.S. franchisee of Yum Brands' Pizza Hut and Wendy's, applied for Chapter 11 insolvency on Wednesday. The business operates more than 1,200 Pizza Huts and almost 400 Wendy's restaurants. In contrast to most of the restaurant industry,...

NYC Apartments Sales are Tanking; Worse Numbers in 30 years

Manhattan apartment sales in the second quarter saw their biggest decline in thirty years, and worst quarter on record, as the real lockdown and city flight after the pandemic crisis put a freeze on the market. The total number of...

Dish Acquires Boost Mobile in 1.4 Billion Dollar Deal

Dish buys prepaid provider Boost Mobile for $1.4 billion An outcome of T-Mobile's Sprint merger, the offer will advance Dish's 5G strategies. After nearly a decade of trying to break into the wireless market, Dish just became the latest national wireless...

$600 Unemployment Benefits will run out sooner than expected; New Case to Renew it

For the tens of millions Americans getting unemployment, the additional $600 boost will run out quicker than anticipated. The $600 weekly payments from the Federal Pandemic Unemployment Compensation program were put in place as part of the $2.2 trillion CARES...

Bahama Breeze & Olive Garden Parent Company Darden Stocks Tumbled 43 Percent

Olive Garden parent swings to a loss as sales plunge 43%. The Rundown Darden Restaurants swung to a loss throughout its fiscal fourth quarter as the pandemic weighed on its sales. The business's profits fell 43%. Across all of its...

Kanye West Comes Full Circle with his Deal with the “Gap”

Kanye Comes Full Circle with his New Deal with GAP As previously reported by Drew Reports News, Kanye West and the Gap has partner for massive deal. The Gap, Inc., which was once a beloved American label, is now struggling to...

McDonald’s Declines to Move forward with “Beyond Meat” Sandwich Nationally

McDonald's in April quietly ended a Canada trial of a Beyond Meat plant-based burger. Shares of plant-based-meat company Beyond Meat BYND fell after McDonald's MCD validated that it had actually phased out its Beyond Meat burger trial in Canada. Between Sept....

McDonald’s showing signs of recovery at stores; Sales in May only down 5 percent

The Golden Arches weathered a 19% decline in April, Restaurants seeing a lot of 'bottled-up demand': Former McDonald's U.S.A. CEO Fat Brands International Chairman and previous McDonald's U.S.A. CEO Ed Rensi talks about the future of restaurants and evolving job development...

Facebook’s Strategy to stay ahead of the competiton

Facebook is beginning an equity capital fund to purchase recent start-ups. Mark Zuckerberg has done a respectable task of keeping his finger on the pulse of social media and associated innovations. But as Facebook grows bigger and broadens its reach,...

How to Protect Your Social Security Benefits from Disappearing When You Need it the Most

You provide money to the Social Security Administration every pay duration with the understanding that it will offer some of that money to you as a form of surefire income in retirement. However the amount you receive isn't dictated...
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Latest News

RuPaul Vanishes from Social Media

The Drag Performer's Twitter account status reads "Doesn't exist" RuPaul has cleared his social media accounts and disappeared. Over the...
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Christina Ricci files for divorce from James Heerdegen

Christina Ricci has filed a divorce from her husband of 7 years. TMZ reports that the ‘Casper’ star filed for divorce on Thursday morning. She...

The Ellen DeGeneres Show did not get cancelled.

A lot of online speculation claims that "The Ellen DeGeneres Show" is scheduled to be cancelled. But maybe, this time, the conspiracy theorists are...

Former Jeffrey Epstein Girlfriend, Ghislaine Maxwell Arrested in His Sex Abuse Case

In a shocking turn of events, Ghislaine Maxwell, friend, and companion of famous financier Jeffrey Epstein has been arrested by the FBI. The popular...

Los Angeles Clippers Quickly Closes Practice Facilities after Positive Test

Clippers join Nuggets in closing practice facility following positive test, per report Both groups are scheduled to take a trip to Orlando next week The Denver...